Fund Manager Information

Praxis Growth Index I Fund (MMDEX) Profile

Fund Profile and Description

Praxis Growth Index I Fund seeks capital appreciation.
Praxis Growth Index I Fund maintains a portfolio of stocks intended to parallel the investment performance of the U.S. large cap growth equities market, while incorporating socially responsible investing criteria. It employs an index management strategy designed to track the performance of the MMA Growth index. Praxis Growth Index I Fund invests at least 80% of total assets in securities that make up the MMA Growth index.

What we like about Praxis Growth Index I (MMDEX) Fund

Data for Praxis Growth Index I Fund (MMDEX) as of May 30, 2016

Praxis Growth Index I Fund (MMDEX) management has been with Praxis Growth Index I Fund for 4.5 years

Praxis Growth Index I Fund (MMDEX) ratio of up-years vs down years is greater than 2

Praxis Growth Index I Fund (MMDEX) has a Morningstar rating of 4 and above

Asset base in Praxis Growth Index I Fund (MMDEX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support

Praxis Growth Index I Fund (MMDEX) has an annual stock turnover rate of 18.68% vs Large Growth average of 50.46%. It is good that Praxis Growth Index I management does not trade extensively for its return.

Praxis Growth Index I Fund (MMDEX) is less volatile than its peers as it has a 3-year Standard Deviation of 11.84, lower than category average of 12.75

Praxis Growth Index I Fund (MMDEX) has a lower expense ratio than its Large Growth average: 0.44% vs 1.17%

Praxis Growth Index I Fund (MMDEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses